Iron Condor

An iron condor strategy consists of one short call spread and one short put spread. This strategy is used when the investor believes there will be little or no price movement in the underlying asset's price.

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Options

Action Qty Expiration Date Strike Type Price Delta IV
AMZN AMZN Leg 1
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
AMZN AMZN Leg 2
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
AMZN AMZN Leg 3
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
AMZN AMZN Leg 4
Action
Qty
Expiration Date
Strike
Type
Price
Delta
IV
%
       

Trade Information

Iron Condor

SELL -1 AMZN Dec 11, 2026 285.00 call @$3.75

BUY +1 AMZN Dec 11, 2026 300.00 call @$1.17

SELL -1 AMZN Dec 11, 2026 255.00 put @$4.90

BUY +1 AMZN Dec 11, 2026 235.00 put @$1.42

Stock

AMZN Current Price

$267.40 USD

AMZN Breakeven Price

Between $248.94 and $291.06

Trade Details

Cost of Trade

-$606.00 USD

Maximum Profit

$606.00

Maximum Loss

-$1,394.00

CVaR

Probability Analysis

Probability of Profit (PoP)

Probability of Max Profit

Probability of Max Loss

Risk Reward Analysis

Expected Value (EV)

Expected Return (EV/risk)

Reward/Risk

Position Greeks

Delta (Δ)

Gamma (Γ)

Theta (Θ)

Vega (ν)